USDJPY Short - Another Low Risk, High R Trade Short

FX:USDJPY60

U.S. Dollar/Japanese YenFXCM

Description

⋅ Oct 10, 2019 5:43 PM

I like USDJPY Momentum on lower time frames and higher timeframes. I like a sell here. Cheers.

Trade closed: stop reached

⋅ Oct 10, 2019 6:42 PM

Stop reached on this setup. I like AUDJPY better now for a sell against the yen.

Comments

Dave-FX-Hunter

⋅ Oct 10, 2019 6:41 PM

I think we will go mor up

glennmercer

⋅ Oct 10, 2019 6:47 PM

@DaweFXHunter, You may be right. I still like a short here, just with a larger stop. One and done for me for each trade though, good luck to you

shamolores29

⋅ Oct 10, 2019 6:25 PM

Im on a sell on USDJOY too now. Still not coming down. Do u have any idea before i exit?

glennmercer

⋅ Oct 10, 2019 6:46 PM

@shamolores29, Sorry, I'm not qualified to give out advice on your position. If it fits your model, hold it. If you don't have a model, that should be your goal.